⁠Canada Federal Start Up Program

Crest Global Partners offers the Canada Federal Start-Up Program, officially known as the Start-Up Visa Program, is designed to attract innovative entrepreneurs to Canada and provides a pathway for foreign entrepreneurs to obtain permanent residency when they meet certain criteria.

Eligibility Requirements

1. Business Idea: Applicants must have a viable business idea that is innovative and has the potential to create jobs for Canadians and compete on a global scale.

2. Support from Designated Organizations: Entrepreneurs need to secure a commitment from a designated Canadian organization, such as a venture capital fund, angel investor group, or business incubator.

3. Language Proficiency: Applicants must demonstrate proficiency in English or French, typically through standardized tests (e.g., IELTS, CELPIP, TEF).

4. Sufficient Funds: They must show that they have enough money to support themselves and their dependents after arriving in Canada.

Application Process

1. Get a Letter of Support: Obtain a letter from a designated organization indicating their support for your business idea.

2. Submit Application: Complete the application for permanent residence, including all required documentation and the letter of support.

3. Meet Health and Security Requirements: Undergo medical exams and background checks.

Benefits

• Permanent Residency: Successful applicants and their families can obtain permanent residency in Canada.
• Access to Canadian Markets: Entrepreneurs can tap into Canada’s robust economy and diverse markets.
• Supportive Ecosystem: Canada has a thriving start-up ecosystem with access to resources, mentorship, and funding.

The Start-Up Visa Program is a unique opportunity for innovative entrepreneurs looking to establish their businesses in Canada. It’s essential to prepare thoroughly and seek guidance if needed, as the process can be competitive and complex.